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  • $485,000

    450 Preble Street #5, South Portland, ME 04106

    2beds
    1,155sqft
    Condominium
    Built in 1900
    -- sqft lot
    $502,700 Zestimate®
    $420/sqft
    $2,536 Estimated rent

    Home value

    $502,700

    $462,000 - $543,000

    $2,536/mo

    Zestimate® history
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    What's special

    Captures fresh ocean breezesWillard beachSurrounding yardExtra-large stainless steel sinkBathed in natural lightInviting outdoor retreatRaised garden beds
    Nestled in the heart of South Portland's coveted Willard Square neighborhood, this inviting two-bedroom, one-bath condo offers comfort, character, and a prime coastal location. Situated on the third floor of a cozy five-unit, pet-friendly building, the home is bathed in natural light throughout the day and captures fresh ocean breezes with the scent of salt air. A private deck overlooks a peaceful wooded backdrop in summer, and in early spring, fall and winter you'll enjoy views of Casco Bay. Inside, fresh paint throughout (April 2025) brightens every room. The kitchen is equipped with a touchless faucet, extra-large stainless steel sink, and a gas range with griddle, while the updated bathroom features a spacious shower and bidet. An in-unit laundry room with front-loading washer and dryer adds convenience, and a new hot water heater provides endless hot water. Efficient gas heating system and heat pumps keep the home comfortable year-round. Two assigned parking spaces and dedicated basement storage offer practicality, and the surrounding yard features raised garden beds for residents to plant flowers, herbs, or vegetables, with a mix of sun and shade creating an inviting outdoor retreat. From your doorstep, you can stroll to local favorites including Scratch Baking Co., Willard Scoops, Terra Cotta Pasta, Ruby Thai, and a variety of antique and consignment shops. Southern Maine Community College, Mill Creek Park, the shops and restaurants in Knightsville and the Mill Creek Shopping Plaza are all just minutes away. Best of all, Willard Beach—from which you can see Bug Light and the iconic Portland Head Light—is only a short walk from home, making this condo a perfect blend of charm, convenience, and seaside living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Dunham Realty 207-729-7297

    Bought with:

    Tim Dunham Realty

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1634231MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard, Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
    Features
    • One-Floor Living, Shower, Walk-In Closet(s)
    • Flooring: Tile, Vinyl, Wood
    • Doors: Storm Door(s)
    • Windows: Double Pane Windows
    • Basement: Exterior Entry,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,155
    • Total interior livable area: 1,155 sqft
    • Finished area above ground: 1,155
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Common, Paved, 11 - 20 Spaces, Off Street
    Accessibility
    • Accessibility features: 32 - 36 Inch Doors
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Scenic, Trees/Woods
    • Body of water: Casco Bay
    Lot
    • Size: 1.10 Acres
    • Features: Near Public Beach, Near Shopping, Neighborhood, Level, Sidewalks, Landscaped
    Details
    • Parcel number: SPORM002B05L041
    • Zoning: A
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other,Victorian
    • Property subtype: Condominium
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Flat,Rolled/Hot Mop
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Ceiling Fans, LED Light Fixtures, Thermostat

    Community & neighborhood

    Location
    • Region: South Portland

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $408 monthly

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/18/2025Sold$485,000+2.1%$420/sqft
    Source: Maine Listings #1634231 Report a problem
    8/18/2025Pending sale$475,000$411/sqft
    Source: Maine Listings #1634231 Report a problem
    8/14/2025Price change$475,000-2.1%$411/sqft
    Source: Maine Listings #1634231 Report a problem
    4/7/2025Pending sale$485,000+2.1%$420/sqft
    Source: Maine Listings #1609180 Report a problem
    4/6/2025Sold$475,000-2.1%$411/sqft
    Source: Maine Listings #1609180 Report a problem
    2/10/2025Contingent$485,000$420/sqft
    Source: Maine Listings #1609180 Report a problem
    2/10/2025Pending sale$485,000$420/sqft
    Source: Maine Listings #1609180 Report a problem
    1/6/2025Price change$485,000-6.6%$420/sqft
    Source: Maine Listings #1609180 Report a problem
    12/2/2024Price change$519,000-3.7%$449/sqft
    Source: Maine Listings #1609180 Report a problem
    11/12/2024Listed for sale$539,000+60.9%$467/sqft
    Source: Maine Listings #1609180 Report a problem
    4/29/2020Sold$335,000+1.8%$290/sqft
    Source: Maine Listings #1445493 Report a problem
    3/2/2020Pending sale$329,000$285/sqft
    Source: Coldwell Banker Residential Brokerage - Portland #1445493 Report a problem
    2/27/2020Listed for sale$329,000+7.2%$285/sqft
    Source: Coldwell Banker Residential Brokerage #1445493 Report a problem
    3/7/2018Sold$307,000-6.9%$266/sqft
    Source: Agent Provided Report a problem
    1/15/2018Listed for sale$329,900$286/sqft
    Source: www.EntryOnly.com #1326544 Report a problem
    12/15/2017Listing removed$329,900$286/sqft
    Source: www.EntryOnly.com #1326544 Report a problem
    11/28/2017Price change$329,900-5.7%$286/sqft
    Source: www.EntryOnly.com #1326544 Report a problem
    9/17/2017Listed for sale$349,900+66.6%$303/sqft
    Source: www.EntryOnly.com #1326544 Report a problem
    5/4/2005Sold$210,000$182/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,258 +16.8%$474,100 +25.1%
    2023$5,360 +5.5%$379,100 +16.1%
    2022$5,082 +36.4%$326,600 +73.1%
    2020$3,727 +3.4%$188,700
    2019$3,604 +3.2%$188,700
    2018$3,491 +2.8%$188,700
    2017$3,397 +1.7%$188,700
    2016$3,340 +1.7%$188,700
    2015$3,283 +17.6%$188,700 +15.6%
    2014$2,792 +2.4%$163,300
    2013$2,727 $163,300

    Find assessor info on the county website

    Neighborhood: 04106

    Nearby schools

    GreatSchools rating
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    $502,700
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    $512,754